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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: LPS5 who wrote (8029)3/16/2000 7:48:00 AM
From: TFF   of 12617
 
>>>And to that (the issue of payment for order flow), I say: take it up with the online brokers who sell it, not the market makers who buy it! :)

Those old school online brokers won't want to execute orders directly using ECN's for $10 commish yet. They'll wait as long as possible.

The new school online brokers such as Datek, Preferred Capital Markets, and Cybercorp will have to really eat into old school online brokers piece of the pie before they budge.

Even then they can just buy them (Schwab buys Cybercorp) to solve that problem.
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